Answer:
B. $5039.58
Step-by-step explanation:
compound interest formula: amount = p(1 + \frac{r}{n})^{nt}
p= principal ($2,300)
r= interest rate as a decimal (4% = 0.04)
n= number of times the principal is compounded per year (annually = onceper year so 1 time per year)
t= time in years (20 years)
new equation: amount = 2300(1+\frac{0.04}{1} )^{1*20}
That equation equals $2,739.58 which you add to the principal.
$2,739.58 + $2,300 = $5039.58
hope this helps :)
Answer:
Step-by-step explanation:
Using the formula for the exponential decay that is 
, we have N=
, 
and k=0.1374.
Thus, becomes
Taking log on both sides, we get
Answer:
4 : 5
Step-by-step explanation:
8 : 10
4 : 5
hope this was helpful : )
